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Receipt

Receipt is accounting source document. It is the proof that party has received the goods or payment. When there is short payments are done by employee for getting the service for business, employee has to make a simple receipt and gets original signature on same receipt. With this, it becomes the proof of valid payment to valid party.

If there is some tax on received service service, receipt of payment will show also the tax and party who is authorize for getting, will be responsible for getting tax on the behalf of Govt. and it is also his responsibility to deposit it in Govt. account.

What should be in Receipt

If any employee is on the point of Sale, he will be the accounting software. He will scan identification and the code of product through barcode which will add the price, tax and discount in the accounting system. On this, basis, paper printer will generate the receipt for customer.

Mobile Receipt Printer

Today technology is going fast. Recently, there are lots of electronics companies have launched mobile receipt printer which is low weight just like a simple mobile which can be used anywhere for scanning the product and print the receipt on the requirement.

Digital Receipt

Due increasing the trend of internet on 3G smart phones, some vendor will issue the receipt on your mobile. They can also send it to your email account if you have bought goods online commerce website which can be organised after downloading in your PC and save in separate folder. It can also be used for your accounting.

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